Canada July wholesale sales +0.4% versus -1.1% expected ...Middle East

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Canada July wholesale sales +0.4% versus -1.1% expected
Prior month -0.6%Details of wholesale sales which rose 0.4% versus -1.1% expected:Wholesale sales (excluding petroleum, petroleum products, other hydrocarbons, oilseed, and grain) grew by 0.4% to $82.7 billion in July.Sales increased in four of the seven subsectors.Growth was led by the agriculture supplies industry group (miscellaneous subsector) and the food, beverage, and tobacco subsector.Wholesale sales were 1.1% higher in July compared to the same month one year earlier.In volume terms, wholesale sales increased by 0.5% in Julyinventories rise by 0.5% versus -0.1% in June:Wholesale inventories rose by 0.5% to $127.5 billion in July, following a 0.1% decline in June.Increases were recor

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